Dubai, U.A.E., 9th May 2018 – Dubai Aerospace Enterprise (DAE) Ltd. has announced today the appointment of David Houlihan to the newly created position of President of DAE Capital. Under Mr. Houlihan’s leadership this business line will encompass most of DAE’s customer facing activities. This function will include the areas of Sales, Trading, Technical and the recently launched Aircraft Investor Services.

Firoz Tarapore, CEO of DAE commented “I am delighted to promote David Houlihan to the newly created position of President at DAE Capital. I believe this new role allows us to further focus on our growth strategy with customer relationships being a focal point of that strategy. David’s passion and enthusiasm for DAE Capital’s strategy along with a more concentrated leadership structure will position us well for the future.”

David Houlihan joined DAE Capital in 2014 and was previously the Co-Chief Commercial Officer. Mr. Houlihan has 18 years of experience in the aviation industry and has held key positions in technical and sales throughout his career. He is a certified ISTAT aircraft appraiser and holds a bachelor’s degree in Aeronautical Engineering from University of Limerick, Ireland.